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Despite difficult conditions: Thuringia attracts many investments

Before we want to start the new year with fresh momentum, we take a look back at the results of 2022. Despite the globally difficult situation caused by war, the energy crisis, and pandemic-related restrictions, good successes were achieved in Thuringia last year in the settlement of new companies or the expansion of existing companies, and thus in the creation of jobs.
The premium industrial area "Erfurter Kreuz" in Arnstadt.

The premium industrial area "Erfurter Kreuz“ in Arnstadt. Image: LEG Thüringen, Photographer: Heiko Wagner, Erfurt

In total, 35 companies invested 614 million euros and secured or created more than 2,600 jobs. These include major investments such as the Premium Hotel in Oberhof or the expansions of Marquardt and N3 (all in this issue), as well as many other projects with investments in innovative industries, research projects, or with a focus on energy efficiency, energy savings, and the decarbonization of processes and products. The investors include companies such as Desay SV Automotive (development center for prototype vehicles and 3D antenna measurement chamber), IBMiX (software development), and Papacks (plastic-free packaging), to name just a few. "Thuringia has also held its own in international competition under difficult conditions," explains Dr. Arnulf Wulff, authorized officer and department head. "Our locational advantages have often been decisive, including Thuringia's unique geographical position, the high technological competence in business and research, and not least the high quality of life, which is becoming increasingly important in times of skilled labor shortages." (maa)

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